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Ottawa - OTTW STOCK NEWS

Welcome to our dedicated page for Ottawa news (Ticker: OTTW), a resource for investors and traders seeking the latest updates and insights on Ottawa stock.

Ottawa Bancorp, Inc. (OTTW) provides essential banking services through Ottawa Savings Bank, serving Illinois communities since 1871. This news hub offers investors and stakeholders timely access to official updates and financial developments.

Track all corporate announcements through verified press releases, including earnings reports, regulatory filings, and strategic initiatives. Our curated collection simplifies monitoring of key areas like residential mortgage trends, commercial lending expansions, and deposit product innovations.

Discover updates across three core categories: financial performance disclosures, operational changes, and community banking initiatives. Each update is sourced directly from company communications to ensure accuracy for investment research and market analysis.

Bookmark this page for streamlined access to OTTW’s evolving story. Regular visitors gain strategic advantages through organized historical data and immediate notification of material developments affecting regional banking markets.

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Ottawa Bancorp, Inc. announced first quarter 2024 results showing a net income of $0.3 million, down from $0.4 million last year. The loan portfolio decreased to $306.1 million, non-performing loans remained at $4.8 million. Interest rates and local competition impacted cost of funds. Despite challenges, asset quality remains strong with a focus on improving earnings and shareholder value.

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Ottawa Bancorp, Inc. appoints Mark D. Alcott to its Boards of Directors under a standstill agreement with the Stilwell Group. The agreement includes share repurchase commitments and restrictions on the Stilwell Group's actions. The Company aims to enhance stockholder value through capital management strategies.
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Ottawa Bancorp, Inc. (OTTW) declares a quarterly cash dividend of $0.11 per share, showcasing financial stability and commitment to shareholders.
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Ottawa Bancorp, Inc. announced the retirement of Arthur Mueller from the Board of Directors and the appointment of Greg Mueller as Director. The Company reported a net income of $0.2 million for the three months ended December 31, 2023, compared to $0.5 million for the same period in 2022. For the year ended December 31, 2023, net income was $1.7 million, down from $2.5 million in 2022. The loan portfolio increased to $312.2 million, but non-performing loans rose to $4.8 million. The Company faced challenges due to the higher interest rate environment and a decline in mortgage banking operations.
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Ottawa Bancorp, Inc. (OTCQX: OTTW) has scheduled its annual meeting of shareholders for May 15, 2024. The meeting will address important decisions and updates for the company and its stakeholders.
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Ottawa Bancorp, Inc. (OTTW) Declares Quarterly Cash Dividend of $0.11 per Share
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Ottawa Bancorp, Inc. (OTCQX: OTTW) announced net income of $0.5 million for Q3 2023, compared to $0.3 million for Q3 2022. The loan portfolio increased to $313.5 million, and non-performing loans rose to $4.8 million. The company's President and CEO, Craig Hepner, highlighted the impact of the higher interest rate environment on earnings and liquidity.
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Ottawa Bancorp declares quarterly cash dividend of $0.11 per share
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Ottawa

OTC:OTTW

OTTW Rankings

OTTW Stock Data

34.85M
3.12M
0.16%
Banks - Regional
Financial Services
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United States
Ottawa